| August 9, 2001 — Matthew C. Cordaro, a 35-year veteran
of the energy industry, has extensive hands-on, management,
and administrative experience in all sectors of the energy business
— investor owned utilities, privately held utilities, public
energy providers, and independent system operators (see below).
Recently, Dr. Cordaro accepted an appointment to the Directorship
of the Center for Management Analysis at the C.W. Post Campus
of Long Island University, and to Chair the C.W. Post Department
of Healthcare and Public Administration.
Dr. Cordaro is making the move from the corporate side of
energy to the academic side with the goal of addressing and
solving the many energy-related problems faced by today’s
highly electrified society. "I’ve been fortunate
enough to make a very good living working in the energy industry,"
Cordaro says. "Signing on with the University and the
Center for Management Analysis is my way giving something
back to the industry that is so important to me. I hope to
be able to utilize my new position to help bring about positive
changes in an industry which is now under unprecedented pressure
to produce and to manage costs."
California has been a model of what an energy crisis can
be. Dr. Cordaro hopes to prevent a scenario like the California
Energy Crisis on Long Island or elsewhere in the U.S. by focusing
the operations of the Center for Management Analysis on the
study of energy and energy-related issues. The Center, located
at the College of Management and School of Public Administration
at the C.W. Post Campus, will conduct symposiums and conferences
for members of the energy industry, academics, government
officials and other parties interested in the responsible
management of record-high demands for a resource of limited
availability. Discussions will focus on options for meeting
energy demands, approaches to energy conservation, cost of
energy to the consumer and more. The center will provide an
objective, non-partisan academic setting for these discussions
and will strive to build consensus followed by advocacy for
approved approaches to solving energy problems. In the absence
of a consensus, the Center will summarize and report on the
essence of arguments on both (or all) sides and will recommend
potential paths to compromise.
Matthew C. Cordaro began his career at Long Island
Lighting Company (LILCO) in 1966 after graduating from New
York University with a master’s degree in nuclear engineering.
He earned a Ph.D. in Engineering and Physics from Cooper Union
in 1970, and remained with LILCO in various capacities through
1988 when he resigned as Senior Vice President of Electric
and Gas Operations, Engineering and Construction. At that
time, he accepted a position as President of Long Lake Cogeneration
and Senior Vice President of Long Lake Energy Corporation
in New York City, where he was responsible for a $1 billion
program of energy-provider development ranging from planning
and construction to operation of several sites. In 1992, Dr.
Cordaro moved on to act as full-time consultant and project
advisor to the Consortium to Convert Shoreham Power Plant
(consisting of representatives from General Electric Co.,
CMS Energy Corp., Bechtel Group, Inc. and Panhandle Eastern
Corp.). In 1993, Cordaro became president and chief executive
officer of Nashville Electric Service — one of the ten
largest public utilities in the United States with $700 million
in revenue and among the lowest rates in the country. While
at the helm of this major energy provider, Cordaro took a
leading role in representing public power before industry
and government organizations and gave testimony before the
U.S. Congress and other federal agencies on numerous occasions.
In 1999, the time came for Dr. Cordaro to test the waters
of the independent system operator sector. At that time he
took on the development of Midwest Independent Transmission
System Operator, Inc. in Indianapolis, Indiana. There he assembled
a highly qualified team and created a permanent headquarters
and control center to operate the assets of 17 transmission-owning
members who now collectively control 78,000 MW (megawatts)
of generation; 52,000 miles of transmission lines; and over
$8 billion in assets.
Long Island University and the Center for Management
Analysis are pleased to have C.W. Post alumnus Dr. Cordaro
on board (B.S. in Engineering Science in 1965). For additional
information please call Wendy G. Helfman at the C.W. Post
Public Relations Office at (516) 299-2333 or email wendy.helfman@liu.edu
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